Permanent/Whole Life Underwritten by Boston Mutual Permanent life insurance ensures you and your family are protected for the life of the policy. This coverage offers guaranteed cash value that can grow over the years. The plan will remain in force as long as premiums continue to be paid, and your premiums cannot be increased. Eligible members may purchase coverage for themselves, spouse, unmarried dependent children through age 25 and grandchildren to age 15. This brochure is intended only to provide a summary of available coverage.
Coverage Options Employee and Spouse
Children
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Up to a maximum of $200,000 in coverage Eligible to enroll up to age 72 Monthly deductions range from $8.67-$130.00 per month for employees age 18-72 Monthly deductions range from $8.67-$65.00 per month for spouses
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Coverages range from $1,000-$25,000 in unit increments of $1,000 Insurance is also available for unmarried dependent children age 15 days through age 25 Grandchildren are eligible from age 15 days to age 15 The amounts available are from $4.33 to $21.67 per month, even if you choose not to buy coverage for yourself
Sample Whole Life Insurance Pricing ICC13 END-95 (ESO) 3/13 and END-95 (ESO) 3/13
Age at Enrollment
25 30 35 40 45 50 55 60 65
$13
$26
$52
$78
$104
$117
monthly premium
monthly premium
monthly premium
monthly premium
monthly premium
monthly premium
$18,145 $14,795 $11,941 $9,514 $7,455 $5,753 $4,450 $3,440 $2,620
$39,693 $32,365 $26,120 $20,813 $16,307 $12,585 $9,736 $7,525 $5,732
$82,819 $67,529 $54,500 $43,426 $34,026 $26,259 $20,314 $15,702 $11,960
$125,947 $102,695 $82,882 $66,040 $51,745 $39,934 $30,892 $23,879 $18,188
$169,073 $137,859 $111,262 $88,654 $69,464 $53,608 $41,470 $32,055 $24,416
$190,636 $155,442 $125,452 $99,960 $78,323 $60,445 $46,759 $36,144 $27,530
These rates are based on non-smoking member policies. The amounts listed are face value.
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